Nov 23, 2012 9:20am EST
you some pictures out of cairo, egypt. you may have seen there was a power grab a bite that guy, a head of the muslim brotherhood the egypt. he just recently declared himself the ayatollah of egypt and a lot of egyptian and not happy about that. this guy essentially put himself and his government above the judiciary. when you don't have a free judiciary you have a dictatorship. a lot of people said that is where the muslim brotherhood wanted to go and a lot of people in egypt particularly protesters to the right of your screen think that is where egypt is going. we will follow the story all day. let's check shares of apple as the market opens. apple shares are down. no, they're up $4. apple has been trading down, the low it has been about 530. of high was 700, when it then dropped 20% so apple is trading up $5, that is a nice little hop of 1% and it looks like it is continuing to rise, seeing real competition from a lot of other imitations. some would say straight competition for the iphone. also those tablets have really given a hit to apple over the past couple months. we don'
Nov 23, 2012 10:00am EST
grab by egypt's president has thousands of people protesting in the streets of cairo. latest on what is happening in egypt after the break. >> it is easy to be a liberal when you have a million dollars in the bank. he doesn't need a union for rich people. if he feels that way and warren buffett and these guys feel that way get your checkbook and show us what occurs. stuart: to fire about patriotic millionaires, a lot of people fired about the facebook page. we told you we were going into triple digits. the dow is up 100 points and there is light volume today. big money people can move the market and apparently, let's go to robert gray. robert: the tech outpacing the broader market. tech stocks in the s&p down leading the charge and it is down below $9 with a disappointing earnings just a week ago and certainly ramping into the black holiday and shopping for electronic gadgets. michael dell said the windows 8 launch last month, giving consumers a real reason to upgrade in several years. the touch screen technology, convertible and hybrid, basically tablets', laptops at the same time t
Nov 16, 2012 9:20am EST
options. the thing to watch is egypt. from minister of egypt in the gaza strip right now with hamas and he is potentially talking about three things. we will open the border between the gaza strip and the dividend, military and supplies to come through. will egypt break that 40 year peace treaty with israel? if they do will they join the side of hamas, and the whole regional war. stuart: i don't mean to be crass but this is a financial program and i will ask a crass question. as an investor why should i care what you are talking about? >> it is an unstable part of the world because of two things. iran, israel, the persian gulf, nobody is making any effort to understand and they should, the suez canal is between israel and egypt and a lot of trade flows between europe and south asia. if you lose the suez canal, very easy to mine the suez canal, the long, narrow canal with bad guys shooting and tankers, that would be a significant economic crisis. stuart: what about the economics, the economy being the driver, i can think of a prosperous north african muslim society, i can think of all of th
Nov 26, 2012 9:20am EST
economy in absolute chaos. egypt torn by rioting after morsi takes dictatorial powers. they really need our money now. watch out, everybody, "varney & company" is about to begin. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement peopl who are paid on sary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> as we said, call it a cave. call it a shift. call it negotiating, no matter how you slice it, the republican position on taxes has changed. here is senator lindsey graham. >> when you're 16 trillion dollars in debt. the only pledge we should be be making to each other is to avoid the coming grief and republicans should put revenue on the table, we're far in debt and don't generate enough revenue, capping deductions will help revenue and raising tax rates will hurt job
Nov 27, 2012 9:20am EST
you very much indeed. [laughter] stuart: now to a different subject. the latest power grab by egypt's president, it may prove one thing, a true western democracy may not be able to exist, you can't bring it on in a muslim society. i'm going to discuss that with someone from the american muslim forum. he's going to join us. we have posed that question to him before. the value of quality time and personal attention. which is why we are proud to partner with healh care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health tcomes... and more quality time to share with the ones who matter most.
Nov 20, 2012 9:20am EST
. and fox news reporting a 48 hour truce, brokered by egypt this morning and israeli battering the bank, a building, hamas says it's a private enterprise. secretary of state hillary clinton headed to the region. she will try to diffuse the conflict. she'll meet with israel's prime minister benjamin netanyahu followed by senior officials by the palestinian officials in the west bank and then on to cairo to meet with the muslim brotherhood. none of these developments had noticeable impact on the markets. look at the price of oil, it's down today and holding at $88 a barrel. as for the price of gold, moved up in the last couple of days, but we're down three bucks today. no impact from gaza on oil or gold. president obama wants reelection and right away, fights for higher taxes on the rich. our next guest says he's still an amateur. but first, france's downgrade, that reminded us of this famous movie scene. >> hey, hey! oh! >> count the money, count the money! [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks,